CSR CONSULTING

As per section 135 of the Companies Act, 2013 every profitable public and a private limited company is required to spend 2% of net profits before tax on the CSR activities listed in the Schedule VII of the Act and as updated from time to time. Implementing CSR activities among the stakeholders gives in return for their commitment and loyalty to the organization.  This indirectly helps in earning more profits.   The CSR initiatives are usually carried out within the area of operation of the plant which covers areas like rural development, health, education, women empowerment, environment, water, pollution and social issues. Now, however companies can carry out CSR Projects in any part of the country where there is in need and work on a sustainable basis. Doing third party impact assessment and Calculation of SROI is also mandatory.

CSR is most dynamic sector at the moment with many latest new guidelines being issued by the Ministry of Corporate Affairs, Govt. of India from time to time. The latest being introduction of CSR 1 and CSR 2. CSR 1 is applicable to NGOs and any NGO who would like to work under CSR domain and seek CSR funding must have this number. In addition to this the said NGOs should also have valid registration certificate, audited statement of accounts and proven capabilities of execution of the CSR and social projects in the areas listed in Schedule VII of the Companies Act, 2013. CSR 2 is applicable to companies who do CSR projects. CSR 2 is nothing but filing information and documents on the MCA website every year in the format given. Both CSR 1 and CSR 2 have to be filed online. Printed copies are not required. CSR is becoming more compliance driven and as such timely filing various returns is very important.

Social Stock Exchange and National CSR Exchange Portal will be introduced in India soon. This will help NGOs and Corporate Sector CSR coming together to deliver a change in the social infrastructure in India. With the help of these two portals NGOs will be able to raise funds via issuing Zero return bonds, interest free deposits, debenture, receive gifts and donations from abroad as well as from within India in addition CSR Funds. But it is absolutely essential that the NGOs are compliance driven with disclosure of information on public domain. Social audit is also going to be introduced and made mandatory on CSR projects and the reports thereof will be displayed on public domain.

Dr. Anil Dhaneshwar, Managing Director of our Company is Ph.D. in CSR and is also a CSR Consultant trained by CBI, The Hague, Netherlands. He has gone through 11 month program on consulting skills in CSR and has offered CSR Consulting services and training to many large domestic and MNCs in India He is also IICA Certified Corporate Trainer on CSR. He has worked on CSR Consulting projects, Social Audit, Need Assessment and Impact Assessment studies in the areas of Education, Healthcare, Rural Development, Woman Empowerment, Skill Development etc. Preparation of CSR Plans for many large public and private sector companies which include names like RBL Bank, Prism Johnson, SKF, Bridge & Roof, IOCL, Balmer Lawrie & Co,.Ltd., Jaldoot Foundation, Bharatiya Reserve Bank Note Mudran P.Ltd., Western Coalfields Ltd., Ratnamani Metals, Goa CSR Authority and many more.

We offer following services

• CSR Training & Capability Building of NGOs
• Baseline, Need and Impact assessment Studies
• Monitoring and Evaluation
• Preparation of CSR Manual, Statutory Compliance, filing of returns CSR1 and CSR 2
• Annual CSR Reports
• Third Party Impact assessment Study and Calculation of SROI
• Assistance to NGOs on obtaining Registration Certificate, CSR 1, 80G, Filing returns and updating documents.

Genesis will be glad to help you out in effective implementation of CSR activities and carry out third party evaluation and assessment of the programs.  This helps the Organization in assessing the benefits to the stakeholders and ensures that they are need based and useful to them.  Formation of CSR Committee and its regular meetings and documenting the activities help in building a bond of Trust and lasting relationship with the stakeholders of the company.

Social Research

In addition to CSR consulting services we also carry out various socio economic studies on subjects like rural development, employment, population, health, health care, literacy, water, environment, water, irrigation, agriculture et.   We have carried out qualitative and quantitative studies in this sector. We have offered our services to various NGOs, Government Departments and corporate companies in carrying out following studies:-